I just saw where GM is trying to sell off 25% to 50% of Opel. This
can't be a good sign. Opel has been fully owned by GM for 80 years. I
wouldn't be much more shocked if they said they were going to sell 25%
If I was running Toyota, I'd try to buy 50% now....
GM wants to sell off European brands because it costs much more to make cars
in Europe because of the socialist governments there. If BO keeps getting
his way we are headed down that sorry road as well
Bluh bluh, socialism bluh bluh socialism Yadda yadda socialism. You
are stuck in a stanky groove. What facts can you give us comparing GM
US workers with GM Euro workers with Japan auto workers.
Allow me to predict Uncle Jemima's response:
"BACARDI!!! LMAO ROFL!!!"
I also believe that the "great leader" has proposed twiddling with profits
earned by off-shore subsidiaries, so even more reason for US companies to
move their headquarters to where they see the greatest returns. Wonder if
we will see GM-Tobago or some such?
R i I
I hear Rush Limbaugh whine about "socialism" all the time.
Exactly what is so bad about this "socialism" ?
Is Medicare socialism ? Is Social Security "socialism" ?
I know that "investing all your assets in the stock market"
would be capitalism....... of course, you just lost your ass there.
Socialism in Europe is what allows people to earn a living wage, to buy
cars, etc. It allows citizens or residents, in most cases, access to
medical care, retirement, vacations.
It allows factories to produce high quality products, rather than have
to cut corners, produce cheap junk, sell at cutthroat prices, compete
for the low end market.
It attempts to balance the needs of the people, of society, against the
demands and needs of industry and commerce.
Like capitalism, too much of it can be a bad thing. ;>)
Mike you are full of it. The reason they are trying to sell it is because
they don't have the money to keep it, pure and simple.
I read where the German government wants to keep Opal as a German
operation. It will be interesting to see if they take it over.
Mike Hunter doesnt know shit about anything and never has.
To buy a car, it has to have a certain appeal, prestige. GM fell down on
the job here.
Whether rightfully or not, the American car is no longer regarded as a
industry...an engineering masterpiece...a reliable piece of equipment.
In Norway, a new car would cost you upwards of $40,000, and much higher. It
to be good or nobody will buy it. BECAUSE the system is democratic
people are educated, have jobs, and can afford to pay the higher prices for
Mercedes, VW, etc. (This system works there, but would never work here.
discuss at length, if we need to do so.)
Now we have a nation of scared people. Minimum wagers, no job security, no
healthcare, etc. And if you are in that circumstance, you dont buy a car.
a 15 year old POS or ride the bus. \
Let's not even cast blame. The boat is taking on water, and it doesnt make
if we hit an iceberg or if the nails rusted out.
I think Toyota would handle such an acquisition the way Southwest
Airlines handled airlines that it bought. They sold the planes and
kept only the gate rights. So I'd expect Toyota to keep only the
factories and maybe not even any of the machinery inside.
I totally agree that this is very serious. My point is Ed has a way of
sparking a flame war between the GM and Toyota group, and I honestly don't
see a need for it. All it does is cause the two groups to go to hell for a
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